As the technological standard for the fifth generation of mobile communications, 5G defines three typical application scenarios – eMBB, uRLLC and mMTC respectively and has remarkably enlarged the traditional application scope of telecommunication businesses. It will not only directly promote the acceleration of commercial use of hotspot technologies such as big data, Internet of Things, Smart City, artificial intelligence and Industrial 4.0 but also will have a profound impact on all aspects of the whole society and economy.
On Jun. 6th, 2019, Ministry of Industry and Information Technology formally issued 5G commercial licenses to China Telecom, China Mobile, China Unicom and China Broadcasting, marking that China has formally entered the first commercial year of 5G. The 5G network is different from the 4G network. AAU base stations will become mainstream and the Massive MIMO technology will be widely used, thus generating huge market demands for radio frequency IC components such as antennas.
Since being listed, Wutong Group has been actively seeking transformation and exploring a new development direction. It has gradually established a development strategy of being driven by double wheels – communication intelligent manufacturing and internet information service. Facing 5G industrial opportunities, the company is taking the initiative to promote the layout and upgrading of 5G industries based on the current products and businesses and focusing on 5G technologies and innovation of commercial scenes. It has achieved some breakthroughs in businesses such as board-to-board connectors, 5G small cell antennas and 5G modules.
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Stock Code 300292
